Japan’s Nikkei Stock Average reaches another record high, rising 1.2% to 44372.50. SoftBank Group sees a 10% surge after Oracle wins billion-dollar AI deals. Other AI-linked stocks like Disco and Advantest also rise, contributing to the market rally.

Political changes in Japan are positively impacting the stock market, according to Dilin Wu at Pepperstone. Takaichi, a potential replacement for PM Ishiba, is advocating for stronger fiscal stimulus, tougher national defense, and opposing premature rate hikes. Investors are optimistic about a friendlier policy environment.

Overall, the Japanese stock market continues to thrive, driven by key gains in AI-linked stocks and optimism surrounding potential political changes. The market rally is supported by record highs in the Nikkei Stock Average and positive sentiment towards friendlier policy measures under potential new leadership.

Read more at Dow Jones & Company: Nikkei Notches Another Record. SoftBank Surges as AI Hopes Drive Bull Run.